Studies, Analyses & Publications
The Bucerius Center on the Legal Profession (Bucerius CLP) conducts research at the interface of business and economic studies, organizational psychology and jurisprudence in order to illuminate topics that are relevant for practice.
The following topics are highlighted:
- Management and leadership in business and commercial law firms and legal departments
- Development of the legal market taking into account the regulatory environment
- Corporate governance and law (“legal management”)
Legal Operations: Getting More from In-House Legal Departments and Their Outside Counsel
Legal departments today face multiple daunting challenges—including rising volumes and complexity of legal work and pressure to reduce costs. To manage these challenges, more organizations are establishing legal operations teams. Understanding what legal operations does—and how—can help legal departments to efficiently deliver measurable business results and their counsel to better serve their clients.
The new study by Bucerius Law School and Boston Consulting Group provides a thorough theoretical analysis and convincing case studies, dealing inter alia with the following topics:
- Strategic activities, which comprise legal operations
- Enabling levers of operational excellency
- Measurable business results from operational changes in legal departments
- Best Practices and Implications for Legal Ecosystem Players
HR Benchmark Study
In 2017 the Bucerius Center on the Legal Profession collected data on Germany's top law firms for the purpose of a benchmark study covering key areas of HR management such as Talent Management & Recruitment, Training & Development and Hr Evaluation & Control, as well as HR department strategy and structure.
The project was an internal study by the Bucerius Center on the Legal Profession, the detailed results of which were only made known to the participants. Furthermore, in order to preserve their anonymity, the study has not been published externally.
Some of the overall learnings from the study have been used for the article „Driver or Administrator: HR's impact on law firm success and how to measure it“.
How Legal Technology Will Change the Business of Law
Powerful forces are reshaping the corporate legal-advice market, including price pressure from clients and the digitization of legal data. Legal-technology solutions can help law firms succeed in this new era, but only if they understand the tech landscape and redefine key elements of their business model.
Key elements of the report:
- Mapping the Legal-Tech Landscape
- Legal Tech's Impact - Today and Tomorrow
- Next Steps für Law Firms
- Legal Tech's Impact on Individual Roles and Legal Education
Why the developments to the competence divide (and not the digital divide) will make or break the law firm business model
The latest publication from the ARK Group, New Directions in Legal Services, demonstrates how quickly the legal sector is adapting, and indeed innovating, in order to meet the challenges presented by new technologies and other market trends. In their introductory chapter “Why the developments to the competence divide (and not the digital divide) will make or break the law firm business model” Markus Hartung (Director, Bucerius CLP) and Emma Ziercke (Research Assistant, Bucerius CLP) examine whether legal technology has caused law firms to re-write their business models, or whether other more subtle forces are at work.
In 2016, the Bucerius Law School in conjunction with the Boston Consulting Group, revealed in their report “How Legal Technology will Change the Business of Law” (LINK) that legal technology solutions could perform as much as 30-50 per cent of the work currently carried out by junior lawyers; firms would need to redefine key elements of their business model in order to succeed in the new world of legal technology. One year on, the Bucerius Center on the Legal Profession examines whether legal technology has caused law firms to re-write their business models. Are they differentiating their service offering? Are revenue models and organizational structures changing? And what is driving these adjustments to the model?
With kind permission of the ARK Group, a copy of the chapter “Why the developments to the competence divide (and not the digital divide) will make or break the law firm business model” can be downloaded here. The book “New Directions in Legal Services” is now available for purchase via the ARK Group website and contains the work of numerous experts including Joanna Goodman, who will be speaking at this year’s Bucerius CLP Autumn Conference.